Consecutive Investment & Trading Company Ltd

Consecutive Commodities Ltd – Closure of Trading Window

AGM details

• AGM held on 21 September 2026, 02:29–02:42 PM, via VC/OAVM.
• Record date: 14 September 2026.
• Total shareholders on record: 34,359.

Key resolutions

• Resolution 1 (ordinary): Adopt Audited financial statements for year ended March 31, 2026.
• Resolution 2 (ordinary): Re-appointment of director retiring by rotation.
• Resolution 3 (ordinary): Appointment of Statutory Auditors.
• Resolution 4 (ordinary): Fill-in casual vacancy by appointing director.

Voting results

• Resolution 1: Passed; adoption of financial statements.
• Resolution 2: Passed; director re-appointment.
• Resolution 3: Passed; statutory auditors appointed.
• Resolution 4: Passed; casual vacancy filled.

Dividend

• No dividend proposed or declared.

Director changes

• Re-appointment of director by rotation approved.
• Casual vacancy filled by appointment of director.

Auditor appointments

• Statutory auditors appointed for the next term.

Material related party transactions

• No material related party transactions disclosed.

Other material approvals

• No other material approvals disclosed.

AGM details

• AGM held on 21 September 2026 at 2:29 PM via VC/OAVM.

Resolutions put to vote

• Four resolutions were put to vote per the AGM notice; subjects not listed in the excerpt.

Voting results

• All four resolutions passed with 99.99% in favour; 0.01% against; no invalid votes.

Additional governance details

• Cut-off date for e-voting was 14 September 2026; remote e-voting opened 18–20 September 2026.

AGM details

• AGM held on 21 September 2026 via VC/OAVM; started 2:29 PM, concluded 2:12 PM.

Resolutions

• Adopt audited financial statements and reports for the year ended March 31, 2026.
• Re-appoint director retiring by rotation.
• Appoint Statutory Auditor: Kapil Kumar Aggarwal & Associates.
• Appoint Kapil Kumar Aggarwal & Associates to fill casual vacancy.
• Consolidated e-voting results to be announced within 2 working days.

Directors

• Director retiring by rotation; re-appointment proposed.

Auditors

• Statutory Auditor appointment proposed.
• Casual vacancy auditor appointment proposed.

Book closure details

• Book closure from 14 September 2026 to 21 September 2026 (both days inclusive).
• Purpose: for the Annual General Meeting of Consecutive Commodities Limited.
• Cut-off for sending notice: 21 August 2026; determines shareholder eligibility for notice.
• Cut-off for e-voting: 14 September 2026; determines eligibility to participate in e-voting.
• Security type: Equity shares (Scrip Code 539091).
• Event date not specified; AGM implied as 44th AGM.
• Dividend: not mentioned.
• E-voting period not disclosed; eligibility determined by 14 Sep 2026 cut-off.

Financial performance

• Revenue from operations: 5,787.87 Lakhs in FY2025-26.
• Total income: 5,809.21 Lakhs; prior year 2,377.42.
• Profit before tax: 328.36 Lakhs; higher than prior year 231.85.
• Profit after tax: 270.32 Lakhs; prior year 223.13.
• EPS (Basic/Diluted): 0.17 Rs.
• Dividend declared for FY2025-26: none.
• Single operating segment centered on agri-trading and manufacturing in India.
• Total expenses: 5,480.85 Lakhs.

Capital structure & liquidity

• Authorised capital increased to Rs 66 crore.
• Paid-up capital at 31 Mar 2026: Rs 16.01 crore.
• Post-year rights issue raised paid-up to Rs 64.06 crore.
• Total debt at year-end: Rs 6.00 Lakhs; debt-equity ratio 0.

Governance & board changes

• Name changed to Consecutive Commodities Limited; effective 16 December 2025.
• Registered office shifted to Ahmedabad in 2025.
• Promila Sharma resigned as Non-Executive Director on 25 March 2026.
• Reema Magotra appointed as Independent Director on 25 March 2026.
• Regularised by shareholders on 21 June 2026.
• Nine board meetings held in FY2025-26.
• Audit Committee held five meetings; composition updated on 25 March 2026.
• Independent Directors: three; annual evaluation conducted.

Audit & internal controls

• Statutory audit: unmodified opinion by SK Bhavsar & Co.
• Material weakness in internal controls due to inadequate IT documentation.
• Internal auditor not appointed for the entire FY2025-26.
• Secretarial audit flagged Scrutinizer's report delay and newspaper ad publication issues.
• Form MGT-14 filing for internal auditor pending.

Related party transactions

• Related party transactions are in ordinary course and arm's length.
• Salary paid to Shaifali Nehriya: Rs 0.72 Lakhs.
• Receivable from Sajm Global Impex Pvt Ltd: Rs 0 in 2026; Rs 429.45 Lakhs in 2025.
• Audit Committee reviews related party transactions with omnibus approvals.

Shareholding & dematerialisation

• Dematerialised shares: 99.79% of paid-up capital.
• Promoter stakes: Birford Enterprises 24.16%; Vedankit Traders 8.74%.
• Public shareholding stands at 59.31%.
• No subsidiary; company listed on BSE and Calcutta Stock Exchange.

Outlook & risks

• Outlook remains positive for agri-trading; domestic demand supports growth.
• Risks include market volatility, regulatory changes, cyber security, and climate disruptions.

Auditor appointment and AGM details

• Appoints Kapil Kumar Aggarwal & Associates as Statutory Auditor to fill casual vacancy from 29 Aug 2026.
• Term until the 44th AGM, subject to shareholder approval.
• Auditors appointed for five years from FY2026-27 to FY2030-31, subject to member approval.
• Notice of 44th AGM and Director's Report approved.
• AGM on 21 Sep 2026 at 02:00 PM via VC/OAVM.
• Casual vacancy due to resignation of S K Bhavsar & Co.